Lancashire Cricket puts mobile tickets on the blockchain

Lancashire Cricket becomes first organisation to activate blockchain secure ticketing — Lancashire Cricket — “Lancashire Cricket is leading the way in ticketing technology after becoming the first organisation in the UK, in any industry, to activate blockchain secure mobile tickets for all domestic and international fixtures at Emirates Old Trafford in 2020. The club will be using TIXnGO, a new blockchain mobile tickets platform, after successful trials took place during the 2019 season.”


Digital bank replaces interest rates with reward points

Texas Capital Bank launches all-digital Bask Bank, offering savers American Airlines AAdvantage miles — Texas Capital Bank — “Traditional savings accounts return pennies on the dollar. Bask Bank changes that by rewarding savers with miles, enhancing their saving potential and providing them with choice, value, and the opportunity to experience travel and more through the AAdvantage program. Bask Bank will also offer several ways to earn AAdvantage bonus miles, including an account opening bonus of 5,000 AAdvantage miles, a feedback bonus and a variety of balance bonuses.”


India’s Icici Bank launches open banking portal

Icici Bank launches India’s largest API banking portal with nearly 250 APIs — Icici Bank — “The Icici Bank API Banking portal, which consists of 250 APIs, enables developers of prospective partner companies across the globe to seamlessly sign up on it, create an application, select the application, test it out and get the sample code. With this, businesses, fintechs, corporates and e-commerce start-ups can easily partner with the Bank and co- create innovative customer solutions in a frictionless manner, all from the convenience of a single portal.”



Tinkoff turns its mobile banking app into a full-service digital marketplace

Tinkoff super-app boosts digital leadership in European fintech space — Tinkoff — “The super-app is both our own version of the App Store, with its own mini apps, and the first WeChat-like app in the Russian or any European financial market, featuring products and services from our partners… External partners can connect to the marketplace (via open API) using the ‘app-in-app’ model and offer targeted products and services within the Tinkoff app.”


JPMorgan Chase to tokenize open banking permissions

JPMorgan Chase, Envestnet l Yodlee sign agreement to increase customers’ control of their data — JPMorgan Chase & Co — “Envestnet I Yodlee is committing to send 100% of its requests for Chase customer data through the bank’s secure API (application programming interface). This will ensure the apps can receive Chase customer data they need while customers control what’s shared with whom…. Because the secure API uses a token-based approach, customers will no longer need to give out their username and password.”



Chinese government forms face recognition standards body

Government asks SenseTime to lead plans for national facial recognition standards — Caixin Global — “The working group, which also includes Tencent, Xiaomi, and Ant Financial, is overseen by the National Information Technology Standardization Technical Committee (NITS), which is in turn affiliated with the Ministry of Industry and Information Technology. It will also promote the further formulation of facial recognition standards at an international level.”


NatWest launches digital bank

Bó — the digital bank to help people do money better — is now live in App Store and Google Play — NatWest — “As we’re part of NatWest, people can rely on to keep their money safe. But as a digital bank, built entirely on a separate cloud-based technology, Bó is also able to harness new technology and develop rapidly in line with our customers’ needs and expectations.”



Brits warm to biometric verification

Just under half of British consumers are ready to completely replace traditional verification methods with biometrics for withdrawing cash (46%), starting their car (45%) and unlocking their front door (41%), according to new research from Equifax... More


Google explains the benefits of its Biometric API

One Biometric API over all Android — Google — “In addition to supporting multiple biometric authentication form factors, the API has made it much easier for developers to check whether a given device has biometric sensors… In addition, the framework has built-in support for facial authentication in Android 10 so that vendors don’t need to create a custom implementation.”



Sierra Leone puts national ID cards on the blockchain

President Dr Julius Maada Bio

The government of Sierra Leone is to introduce a blockchain-based national identity system at the end of this year, enabling citizens to “grant access to approved institutions to assert and verify identity and also build credit histories,” the country’s president has announced... More




Samsung partners with Korean banks and carriers to launch blockchain mobile ID platform

Consortium launches blockchain-based digital ID in S Korea — Yonhap News — “A group of major tech companies and financial institutions have joined hands to launch a blockchain-based digital identity platform available on smartphones… Samsung Electronics Co, three mobile carriers — SK Telecom Co, KT Corp and LG Uplus Corp — KEB Hana Bank, Woori Bank and Koscom, an IT subsidiary of the main stock exchange, signed an agreement to jointly develop a mobile application for the digital ID platform.”